Market Overview:
The global phycobiliprotein conjugates market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for natural food colorants and dietary supplements, and rising awareness about the benefits of phycobiliprotein conjugates among consumers. Based on type, the global phycobiliprotein conjugates market can be segmented into food grade, cosmetic grade, allophycocyanin, and other types. The food grade segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to rising demand for natural food colorants across various applications such as bakery products, confectionery items, dairy products, meat products etc., globally. Based on application, the global phycobiliprotein conjugates market can be divided into natural food colorant additives (NFCA), dietary supplements (DS), cosmetics (COS), and other applications including animal feed additives and medical diagnostics reagents etc.
Product Definition:
Phycobiliprotein Conjugates are a type of light-harvesting pigment found in photosynthetic cells of cyanobacteria and red algae. These pigments help to capture sunlight and convert it into useful energy for the cell.
Food Grade:
Food grade is the purest form of conjugate base, which is used in food and beverage applications. It has a wide range of application such as meat & poultry products, dairy products, bakery items and processed foods. The growth factor in the food industry is increasing due to growing population coupled with rising per capita consumption of various types of food items across the globe.
Cosmetic Grade:
Cosmetic grade is a product that has been purified to the highest degree under the supervision of FDA. It is used in manufacturing biopharmaceuticals such as conjugates between phycobiliprotein and cytotoxic drugs. Cosmetic grade can be further divided into three categories such as cosmetic raw materials, finished or semi-finished products and components, and formulations.
Application Insights:
Phycobiliprotein conjugates are widely used as natural food colorants and dietary supplements. Natural food colors derived from phycobiliprotein complexes have high stability, excellent coloration properties, and low toxicity in comparison to synthetic or petroleum-based colors. The demand for natural coloring agents is expected to witness growth owing to their higher stability and better performance characteristics over the forecast period.
The use of phycobiliprotein complexes as cosmetic ingredients has gained significant traction in recent years owing to their antioxidant activity coupled with excellent skin-soothing & -conditioning properties. These factors are projected to drive the market over the forecast period (see details below).
Regional Analysis:
North America accounted for the largest share of global market in 2017. The region is expected to maintain its dominance over the forecast period as well due to presence of a large number of product manufacturers and food processing companies. Increasing demand for natural food colorants among consumers in North America has been driving regional growth. Moreover, growing awareness regarding health benefits associated with phycobiliprotein based conjugates is also anticipated to propel industry growth over the forecast period.
Asia Pacific is expected to be one of fastest-growing regions during the forecast years owing to increasing demand from countries such as China, India, Japan and South Korea coupled with rising population.
Growth Factors:
- Increasing demand for natural food colorants
- Rising awareness about the health benefits of phycobiliprotein conjugates
- Growing application of phycobiliprotein conjugates in nutraceuticals and cosmeceuticals
- Technological advancements in the extraction and purification of phycobiliproteins
- Rising demand from emerging economies
Scope Of The Report
Report Attributes
Report Details
Report Title
Phycobiliprotein Conjugates Market Research Report
By Type
Food Grade, Cosmetic Grade, Allophycocyanin, Other
By Application
Natural Food Colorant, Dietary Supplement, Cosmetics, Other
By Companies
DIC Corporation, King Dnarmsa Spirulina, Zhejiang Binmei Biotechnology, Parry Nutraceuticals, Nan Pao International Biotech, Japan Algae, Wuli Lvqi, Ozone Naturals, Norland Biotech, DIC Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Phycobiliprotein Conjugates Market Report Segments:
The global Phycobiliprotein Conjugates market is segmented on the basis of:
Types
Food Grade, Cosmetic Grade, Allophycocyanin, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Natural Food Colorant, Dietary Supplement, Cosmetics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DIC Corporation
- King Dnarmsa Spirulina
- Zhejiang Binmei Biotechnology
- Parry Nutraceuticals
- Nan Pao International Biotech
- Japan Algae
- Wuli Lvqi
- Ozone Naturals
- Norland Biotech
- DIC Corporation
Highlights of The Phycobiliprotein Conjugates Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Cosmetic Grade
- Allophycocyanin
- Other
- By Application:
- Natural Food Colorant
- Dietary Supplement
- Cosmetics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Phycobiliprotein Conjugates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Phycobiliprotein conjugates are complexes of phycobiliproteins with other molecules, such as drugs or toxins. These complexes can be used to target specific cells or tissues in the body.
Some of the key players operating in the phycobiliprotein conjugates market are DIC Corporation, King Dnarmsa Spirulina, Zhejiang Binmei Biotechnology, Parry Nutraceuticals, Nan Pao International Biotech, Japan Algae, Wuli Lvqi, Ozone Naturals, Norland Biotech, DIC Corporation.
The phycobiliprotein conjugates market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Phycobiliprotein Conjugates Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Phycobiliprotein Conjugates Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Phycobiliprotein Conjugates Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Phycobiliprotein Conjugates Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Phycobiliprotein Conjugates Market Size & Forecast, 2020-2028 4.5.1 Phycobiliprotein Conjugates Market Size and Y-o-Y Growth 4.5.2 Phycobiliprotein Conjugates Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Food Grade
5.2.2 Cosmetic Grade
5.2.3 Allophycocyanin
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Natural Food Colorant
6.2.2 Dietary Supplement
6.2.3 Cosmetics
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Phycobiliprotein Conjugates Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Phycobiliprotein Conjugates Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Food Grade
9.6.2 Cosmetic Grade
9.6.3 Allophycocyanin
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Natural Food Colorant
9.10.2 Dietary Supplement
9.10.3 Cosmetics
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Food Grade
10.6.2 Cosmetic Grade
10.6.3 Allophycocyanin
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Natural Food Colorant
10.10.2 Dietary Supplement
10.10.3 Cosmetics
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Food Grade
11.6.2 Cosmetic Grade
11.6.3 Allophycocyanin
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Natural Food Colorant
11.10.2 Dietary Supplement
11.10.3 Cosmetics
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Food Grade
12.6.2 Cosmetic Grade
12.6.3 Allophycocyanin
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Natural Food Colorant
12.10.2 Dietary Supplement
12.10.3 Cosmetics
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Food Grade
13.6.2 Cosmetic Grade
13.6.3 Allophycocyanin
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Natural Food Colorant
13.10.2 Dietary Supplement
13.10.3 Cosmetics
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Phycobiliprotein Conjugates Market: Competitive Dashboard
14.2 Global Phycobiliprotein Conjugates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DIC Corporation
14.3.2 King Dnarmsa Spirulina
14.3.3 Zhejiang Binmei Biotechnology
14.3.4 Parry Nutraceuticals
14.3.5 Nan Pao International Biotech
14.3.6 Japan Algae
14.3.7 Wuli Lvqi
14.3.8 Ozone Naturals
14.3.9 Norland Biotech
14.3.10 DIC Corporation